Sensex & Nifty Rally as Iran Tensions Ease | Market Close Report 27 July 2026

Today, 27 July 2026: Sensex closed at 76,835.78, up 1.02%, the biggest gain in two weeks. IT and media stocks led the rally as US halted Iran attacks over the weekend, easing crude oil prices. Eternal (Zomato) was the top Nifty gainer; ONGC the top loser. For SIP investors, broad-based rallies after brief dips confirm why staying invested matters.

What happened in the markets today

On Monday, 27 July 2026, the Sensex today closed at 76,835.78, up 777.08 points or 1.02%, posting its biggest single-day gain in two weeks. The Nifty 50 rose 288.50 points to settle at 23,995.95, up 0.96%. All sectoral indices ended in the green, led by media and IT stocks. The rally was triggered by easing geopolitical tensions after the US halted attacks on Iran over the weekend, which pushed crude oil prices lower. Global cues were supportive — most Asian markets rose and European markets traded higher as of 6 pm IST, though US markets had closed mixed on Friday. The Nifty 50 has now risen between 0% and 1% about 539 times in the last five years, a pattern that confirms the index’s tendency to consolidate gently after sharp moves.

Why did Sensex rally today? Easing US-Iran tensions pushed crude oil lower, lifting sentiment across all sectors — particularly IT and media stocks that benefit from a weaker dollar and lower input costs.

Movers: IT and media stocks gain, oil and gas stocks drag Nifty 50

Top Gainers

Today’s Nifty 50 gainers were Eternal (Zomato), InterGlobe (IndiGo), and Infosys — IT and platform stocks that benefited from the risk-on mood and falling crude prices.

Top Losers

Today’s Nifty 50 losers were ONGC, HDFC Bank, and HDFC Life — oil and financial services stocks that lagged despite the broad rally.

Oil and gas stocks bucked the broader trend — ONGC dropped 4.10% as crude oil’s recovery weighed on upstream producers even as the wider market celebrated lower oil prices. Eternal (Zomato) share price today surged 5.66%, leading the gainers on the back of strong sentiment around platform stocks.

In the news

• RBI Governor — said India received $32 billion in foreign capital since measures announced on 5 June, surpassing the 2013 level of $26 billion in just 45 days. Majority of inflows are through FCNR(B) deposits.
• Engineering goods exports — rose 21% year-on-year in June to $11.48 billion. Shipments to China surged 74% to $361.47 million. The US remained the largest market at $1.95 billion.
• L&T — received a major order worth ₹5,000–10,000 crore for a housing redevelopment project in Mumbai, including design and construction of 26 high-rise residential towers up to 120 metres tall.
• BEL — net profit rose 8.70% year-on-year to ₹1,054.34 crore in Q1. The board also approved increasing authorised share capital from ₹750 crore to ₹1,000 crore.
• Canara Bank — net profit surged 62.15% year-on-year to ₹5,180.71 crore in Q1, beating Street expectations.
• Coal India — net profit rose 0.63% year-on-year to ₹8,852.11 crore in Q1. Interim dividend announced at ₹5.50 per share, with record date of 31 July.
• Tata Power — net profit rose 10.95% year-on-year to ₹1,175.93 crore in Q1, driven by steady operational performance.

Term of the day — Amortisation

Amortisation is the process of spreading the cost of an intangible asset — such as a software license, patent, or trademark — over its useful life rather than recording the full expense upfront. For example, if a company buys a ₹100 crore software license valid for 10 years, it shows ₹10 crore per year in its books instead of ₹100 crore in one year. This ensures accounting consistency across periods and prevents a single quarter from looking artificially weak due to a large one-time purchase. For SIP investors, companies with high amortisation charges may appear less profitable in the short term even though their cash flow remains healthy — a nuance worth noting when reading quarterly results.

What it means for SIP investors

Monday’s broad-based rally — with every sectoral index closing in the green — is a reminder that market recoveries can arrive quickly after brief corrections. The previous session saw five straight red days; one positive session has already recouped a significant portion of those losses. This is precisely why pausing a SIP during downturns is counterproductive: by the time you feel confident enough to restart, the recovery has often already happened. If you’re wondering how your fund mix is handling these swings, a quick check of how to build a mutual fund portfolio can help. And if today’s gains make you wonder whether to book profits, here’s why continuing your SIP during market crashes has historically been the right call.

Returns snapshot — 1-day & long-term

1-Day Returns

Long-Term Returns (20-Year CAGR)

Sensex today, 27 July 2026 closed at 76,835 — a strong Monday rally after five red sessions, but a minor blip in a long-term SIP journey that has delivered 10.34% annualised returns over 20 years.